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Canara Bank Q2 Results: Net Profit Rises 9% To ₹5,175 Crore, PSU Bank Stock Jumps 4% As Bad Loans Decline

Canara Bank Q2 Results: Net Profit Rises 9% To ₹5,175 Crore, PSU Bank Stock Jumps 4% As Bad Loans Decline
Photo: Free Press Journal · view original

Mumbai: Shares of public sector lender Canara Bank surged nearly 4 per cent on Wednesday after the bank reported improved financial performance for the second quarter of FY27. Strong growth in net interest income, lower bad loans and reduced provisions supported the bank's September quarter earni...

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